The Cointelegraph Press Review

Cointelegraph.com News

• Tether deepens AI bet, backs Italian firm’s humanoid robots
  The funding will support the development of humanoid robots for industrial use, aiming for “industrial scale performance.” Stablecoin giant Tether has announced it is one of the backers of an $81 million funding round for an Italian artificial intelligence startup aiming to build advanced humanoid robots. The 70 million euro funding round for startup Generative Bionics […]
• Polymarket trading figures are being double-counted: Paradigm
  Paradigm researchers found that major analytics dashboards are double-counting Polymarket’s trading volume due to redundant blockchain events. Some of the reported trading activity and volume of prediction market platform Polymarket may be significantly higher than actual reality due to a “data bug,” according to a researcher at Paradigm.“It turns out almost every major dashboard has […]
• OCC boss says ‘no justification’ to judge banks and crypto differently
  Office of the Comptroller of the Currency’s Jonathan Gould says crypto companies should have a path to supervision in the banking system, which can evolve to embrace blockchain. Crypto companies seeking a US federal bank charter should be treated no differently than other financial institutions, says Jonathan Gould, the head of the Office of the […]
• CFTC pilot opens path for crypto as collateral in derivative markets
  The pilot program allows futures commission merchants to accept Bitcoin, Ether and USDC for margin collateral, provided strict reporting criteria are followed. The US Commodity Futures Trading Commission has issued updated guidance for tokenized collateral in derivatives markets, paving the way for a pilot program to test how cryptocurrencies can be used as collateral in […]
• Fitch Ratings flags risk for US banks with high crypto exposure
  While crypto offers banks an opportunity to generate new sources of revenue, Fitch warns it could bring risks that could lead to rating revisions. International credit rating agency Fitch Ratings has warned that it may reassess US banks with “significant” cryptocurrency exposure negatively. In a report posted on Sunday, Fitch Ratings argued that while crypto integrations […]
• Bitcoin catches a bid, but data shows pro traders skeptical of rally above $92K
  Bitcoin's rejection at the short-term range highs is caused by macroeconomic uncertainty, liquidations and stagnant spot ETF flows. Will clearer signals from the US economy boost BTC volumes? Key takeaways:Economic uncertainty, a delayed jobs report and weakness in the housing market are causing traders to retreat from Bitcoin.Pro traders are incurring high costs to protect […]
• Crypto, TradFi sentiment improves: Will Bitcoin traders clear shorts above $93K?
  Improving retail crypto and TradFi investor sentiment align with a recent uptick in Bitcoin price, but sell orders and short positions in the $93,000 range threaten to cap the rally. Over the past two weeks, Bitcoin price repeatedly revisited the $90,000 range as retail investor sentiment improved, fund managers restated their bullish expectations for a […]